Hydrocarbon Processing - April 2021 - GP-27

LNG TECHNOLOGY
operations and other digital supported solutions can minimize risk exposure and
incident severity. With the transition of
the retail gasoline market to self-service in
the late 1960s and early 1970s, millions of
motorists were able to demonstrate that
properly designed fueling systems could
be used safely,11 despite initial concerns.
Takeaway. The global energy market is
expanding, and natural gas/LNG can play
a significant role in meeting these growth
needs with a clean-burning fuel that can
support expansion, displace other hydrocarbon fuels with a higher emissions
profile, and support the transition to a
greater penetration of renewables while
maintaining security and stability of supply. Much of this growth will happen in a
more diverse and dispersed market than
has traditionally been served by LNG.
Consequently, market parties must
adapt their operations and logistics profiles to align with the changing market to
capture the greatest market share available. Developing methods of delivering
LNG that benefit from the best attributes

of both large- and small-scale facilities
will be a key element in this success. GP
LITERATURE CITED
BP, " Statistical review of world energy, " 2020.
2
Data from Chart Industries.
3
GlobalData, " Global small-scale LNG liquefaction
capacity and capital expenditure outlook, 2020-
2024, " September 2020.
4
" Retail energy price data, " online: www.globalpetrolprices.com
5
International Energy Agency, " Marine bunkers product demand, 2015-2024, " IEA, Paris, France, online:
https://www.iea.org/data-and-statistics/charts/
marine-bunkers-product-demand-2015-2024
6
George, L. and A. Ghaddar, " New rules on ship
emissions herald sea change for oil market, " May 17,
2018, online: https://www.reuters.com/article/usshipping-fuel-sulphur/new-rules-on-ship-emissionsherald-sea-change-for-oil-market-idUSKCN1II0PP
7
Sea LNG, " Bunkering, " 2020, online: https://sea-lng.
org/why-lng/bunkering/#:~:text=The%20bunkering%20infrastructure%20to%20support,LNG%20
bunkering%20investments%20and%20operations
8
Terpitz, J., " LNG for aircrafts, " TGE Gas Engineering
GmbH, LNG 19 Shanghai, Shanghai, China, April
1-5, 2019, online: https://www.gti.energy/wp-content/uploads/2019/10/152-LNG19-03April2019Terpitz-Julian-presentation.pdf
9
Roberts, R., S. R. Nuzum and M. Wolff, " Liquefied
natural gas as the next aviation fuel, " Propulsion
and Energy Forum, Orlando, Florida, July 27-29,
2015, online: https://www.researchgate.net/publi1

cation/280925005_Liquefied_Natural_Gas_as_
the_Next_Aviation_Fuel
10
International Gas Union, " IGU world LNG report, "
2018.
11
Japan Petroleum Exploration Co. Ltd., " Our
Business: Infrastructure & utility business: LNG
satellite system, " online: https://www.japex.co.jp/
english/business/japan/lng.html
JOHN G. BAGULEY is Chief
Operating Officer for Magnolia
LNG LLC, a Glenfarne Group/
Alder Midstream company.
His involvement in international
LNG project development and
delivery spans 40 yr and includes
project management, engineering, construction
and commissioning roles. He holds a BS degree in
chemical engineering from Michigan State University
in East Lansing, Michigan and is a registered
Professional Engineer in Texas.
RICHARD WHEELER formerly served
as Process Technology Manager
for the Magnolia LNG project,
with more than 30 yr of experience
in LNG process engineering, project
management and process safety
management. He has a history of
delivering innovative solutions to challenging LNG
projects, as well as demonstrated leadership in process
safety design and delivery. Mr. Wheeler holds a BEng
degree in chemical engineering from the University
of Swansea in the UK and is a Chartered Engineer
with the Institute of Chemical Engineers.

Gas Processing & LNG | MARCH/APRIL 2021

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Hydrocarbon Processing - April 2021

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